Roku--a popular streaming entertainment company--is taking over the Coleman Highline next to Avaya Stadium. The project will have a total of 8 buildings, all connected by outdoor bridges. Roku has decided to move their headquarters from Los Gatos (where it is subleasing from Netflix) to 570,000 SQFT across four buildings. It will first move into 91,368 SQFT in the first available building this January, followed by three other buildings as they come online.
The lease will be over 11 years, so they are making a major commitment to San Jose. We could see as many as 2,000 new jobs due to their move to San Jose.
Since the Coleman Highline will eventually have 1.5 million SQFT of office space, that also gives Roku plenty of room to grow assuming other companies don't snap up all of the available floor space.
Source:
SVBJ,
SVBJ (2)
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